KALAMAZOO — Eaton Corp. said today that because of changes under the health care reforms passed last week the company will incur a one-time charge of $25 million in the first quarter.

The charge is "tied to a retiree drug coverage subsidy," according to a report by the Associated Press.

Cleveland-based Eaton has its Vehicle Group division headquarters in Charlestown Township, just east of Kalamazoo, where it employs several hundred workers.

Eaton joins a growing list of major U.S. corporations that have had to add new costs to their earnings statements in recent days after a $940 billion health care package was signed into law. That legislation would bring health insurance coverage to an estimated 32 million uninsured Americans.

The news service Reuters reports today 16 corporations are planning charges because they can no longer deduct a federal subsidy for retiree prescription coverage from their taxable income.